The great boomer business sell-off: M&A outlook 2024

The great boomer business sell-off: M&A outlook 2024
New Zealand pet food business owners have been among those to secure multimillion-dollar exit strategies over the past year. (Image: NZME)
Rebecca Stevenson
Baby boomers are back in the business of selling the business. PricewaterhouseCoopers' (PwC) corporate finance leader, Regan Hoult, said the firm’s mergers and acquisitions team (M&A) has seen an uptick in inquiries since the final quarter of 2023 from family-owned or boomer business owners looking to exit their successful firms. He said the boomer sell-off has been long expected and discussed, but now it is picking up steam.According to him, many fantastic family-owned businesses fly under the radar. In 2023,...

More Markets

NZ sharemarket down ahead of big US election
Markets Market close

NZ sharemarket down ahead of big US election

The S&P/NZX 50 Index closed at 12,648.07, down 46.77 points or 0.37%.

Graham Skellern 31 Oct 2024
CMC markets seeks NZX accreditation
Markets

CMC markets seeks NZX accreditation

The Australian firm with over a million retail investors wants to be listed here too.

Staff reporters 31 Oct 2024
Vista board unlikely to be spilt, says Craigs
Markets

Vista board unlikely to be spilt, says Craigs

The board of NZX, ASX listed cinema company Vista likely to remain despite calls contrary

SkyCity to put compliance ahead of profits
Markets

SkyCity to put compliance ahead of profits

Tough market conditions and regulatory issues still challenges, casino operator says. 

Dileepa Fonseka 31 Oct 2024